Student bursaries are designed to assist academically qualified students who require financial assistance. Bursaries are awarded on the basis of demonstrated student financial need.

Post-secondary graduates have more employment prospects and attain higher wages than those who have only high school. A wide range of positive social benefits are more likely, including higher levels of life satisfaction; sustaining a healthy lifestyle; and active community involvement.

Research also reveals cost is a common reason for not continuing to post-secondary education, as is preparation for school, motivation, and parental influence. Access to post-secondary financial support is critical to students who are in need.